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AUD/NZD intraday: rise to 1.1010
2024-04-30
192
Our pivot point is at 1.0970.
Our preference: rise to 1.1010.
Alternative scenario: below 1.0970, expect 1.0960 and 1.0950.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI would call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.0985 and 1.0985).
Supports and resistances:
1.1020 **
1.1020 *
1.1010 **
1.1000
1.0985 last
1.0970
1.0970 **
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
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